V4 & Development Co-operation Policy.

The accession of the Visegrad Group (V4) countries to the European Union has triggered their active participation in assistance to less developed countries. Since joining the EU, the analyzed countries have developed ODA legislation and an institutional framework and increased financing in development co-operation. Being a member of the EU and DAC, all V4 countries also have their legal and financial obligations in the area of development co-operation. The shared experience of those countries in creating and implementing their development policy gives reason to investigate their aid systems, development policy challenges and implementation of their commitments as a group of donors. The aims of the paper are to identify main development trends of the V4 countries' development policies as well as to investigate the implementation of their development commitments taken at a global and EU level. This has allowed to define the main challenges for V4 countries in delivering efficient development assistance to other developing countries in the future, such as improvements in institutional systems, transparent and clearly defined legislation as well as substantial increase of financing transferred by V4 to ODA. [ABSTRACT FROM AUTHOR]